Blinken says US is working with European allies to look at ‘prospect’ of banning Russian oil imports
UPDATE WTI crude futures jumped to their highest levels since 2008 early on Monday, amid the risk of a Western…
IEA: 10 measures the EU should adopt to reduce Russian gas dependency
The International Energy Agency has presented the EU with 10 measures to reduce its dependence on Russian natural gas within…
Petromidia refinery – scheduled technological shutdown
Rompetrol Rafinare, member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Năvodari refinery,…
Dragoș Bărbulescu joins the CEZ Romania team
Starting with March 2022, Dragoș Bărbulescu holds the position of CFO and Member of the Management Board within CEZ Romania.…
AFP: Russian oil giant Lukoil calls for halt to Ukraine armed conflict
Russian oil giant Lukoil on Thursday called for an immediate halt to fighting in Ukraine, one of the first major…
Iohannis: The European Union’s dependence on Russian gas must end
The European Union’s dependence on Russian gas must end, President Klaus Iohannis said in a joint conference with European Commission…
Virgil Popescu spoke with the Azerbaijani president about Europe’s gas supply
Romanian Energy Minister Virgil Popescu in Baku spoke with President of the Republic of Azerbaijan Ilham Aliyev and other officials…
Brent oil price continues to rise, reaching almost $117
The price of a barrel of Brent oil supplied in March continued its rise on Thursday and rose by 3.48%…
Gazprom’s natural gas exports fell by a third between January and February 2022
Gazprom’s natural gas exports to countries outside the former Soviet Union fell 32.6 percent in the first two months of…
BRM gas price rises by more than 50%
The spot price of gas traded in Romania and in Europe increased today by tens of percent, amid the war…
OMV has stopped talks with Gazprom on a gas field and revises role in Nord Stream 2
Austrian energy group OMV announced that it has abandoned plans to take over a stake in a Gazprom gas field…
Engie condemns invasion of Ukraine and increases gas purchases from Norway
Engie, one of five Western companies that joined as financing partners in Gazprom’s Nord Stream 2 project, condemned the situation…
Italy freezes 500 mln. euro loan for Russian Arctic LNG project 2
Russia’s invasion of Ukraine has prompted Italy to suspend its $21 billion Arctic LNG 2 project, led by private Russian…
E.ON Energie Romania launches service packages with insurance
E.ON Energie România has launched on the Romanian energy market a series of natural gas and electricity products that come…
KMG International Group will have new chief executive officer
National Company KazMunayGas (KMG), the sole shareholder of KMG International N.V. (KMGI), made a decision on appointment of Bakhyt Kulmakhanov…
TotalEnergies does not pull out of Russia, will no longer provide capital
French energy firm TotalEnergies has announced that it will no longer be providing capital for new projects in Russia, in…
OPEC: Under siege by climate campaigners
The OPEC chief and ministers from major African oil producing countries on Monday defended investments in fossil fuels, saying Africa’s…
AEI: EU can completely give up Gazprom gas, a measure that would stop the war
The European Union has the opportunity to sustain its entire gas consumption on its own, with the arrival of spring,…
Virgil Popescu: I am in Baku to negotiate concrete collaborations in the field of energy
Energy Minister Virgil Popescu wrote in a Facebook post on Tuesday that he was in Baku to negotiate “concrete collaborations”…
Switzerland: All Nord Stream 2 employees have been fired
All employees of the Swiss-based consortium behind the controversial Nord Stream 2 project have been fired, Swiss Economy Minister Guy…
Canada bans all imports of crude oil from Russia
Canadian Prime Minister Justin Trudeau on Monday announced a ban on “all crude oil imports” from Russia, “an industry that…
Extra-tax prepared for power and gas traders (e-nergia.ro)
The government is preparing a special tax for electricity and gas traders, according to a draft Emergency Ordinance on the…
Consumer Protection has launched simultaneous checks at Lukoil and Gazprom gas stations in Romania
Romanian National Authority for Consumer Protection (ANPC) carries out investigations at Lukoil and Gazprom gas stations in Romania, according to…